資產負債表僅顯示部份重要科目, 完整財報可參考這裡 玩股撇步(動畫小學堂)
- 現金是否充足, 是否沒有債務壓力. 現金和短期借款和一年內到期長期負債都很高的話要小心, 滿手現金卻不還債, 可能有問題
- 應收帳款或存貨是否突然大幅增加, 留意應收帳款超過營收
- 營收和獲利增加的速度要大於存貨和應收帳款的速度; 營收衰退, 應收帳款正常也要跟著減少
- 營業活動負債: 因營業活動而產生, 如應付帳款, 應付票據, 合約負債等, 通常不需要支付利息. 此類型負債上升, 通常代表業績增加, 議價能力變好
- 最容易被操弄的資產是應收帳款, 存貨和長期投資
- 如果有資金貸予他人要注意
- 非控制權益佔比: 非控制權益 / 股東權益總額, 如果這個值過大時要看個體報表, 不能只看合併報表
- 圖表中的值是加一取對數, 目的是為了看趨勢
- 還款急迫性 - 公司債 > 應付票據 > 銀行借款 > 應付員工 > 應付帳款/費用 > 其它
- 如果未分配盈餘為負, 就算當年有獲利也沒法配息
- 如果配息能力(未分配盈餘+其它權益)為負, 有可能會無法配息
| 現金及約當現金 YoY | 短期借款 YoY | 一年內到期長期負債 YoY | 資金貸予他人 YoY | 營收 YoY | 淨利 YoY | 應收帳款及票據 YoY | 應收帳款佔營收比(%) YoY | 存貨 YoY | 長期投資 YoY | 長期負債 YoY | 商譽及無形資產 YoY | 股本 YoY | 法定盈餘公積 YoY | 特別盈餘公積 YoY | 未分配盈餘 YoY | 保留盈餘 YoY | 其它權益 YoY | 配息能力 YoY | 非控制權益佔比 YoY | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 303.92 | -13.12 | 0.35 | -95.81 | 233.93 | 50.19 | 0 | 0 | 1848.17 | 22.62 | 68.19 | 138.43 | 102.83 | -7.62 | 5.56 | -24.66 | 0 | 0 | 38.09 | 8.06 | 514.03 | -29.35 | 7.92 | -10.31 | 605.13 | 0.63 | 12.31 | 33.08 | 5.34 | 0 | 91.46 | 43.26 | 109.12 | 49.27 | -6.9 | 0 | 84.56 | 44.55 | 0.04 | 10.1 |
| 2022 (9) | 349.8 | -22.73 | 8.35 | -56.78 | 155.76 | 31.45 | 0 | 0 | 1507.22 | 8.56 | 28.6 | -69.51 | 111.31 | -17.4 | 7.39 | -23.91 | 0 | 0 | 35.25 | -2.89 | 727.59 | -24.36 | 8.83 | -12.49 | 601.35 | 1.22 | 9.25 | 0 | 0 | 0 | 63.84 | -31.01 | 73.1 | -21.01 | -5.34 | 0 | 58.5 | -51.12 | 0.03 | -17.31 |
| 2021 (8) | 452.7 | 66.89 | 19.32 | 0.0 | 118.49 | -56.46 | 0 | 0 | 1388.41 | 20.47 | 93.8 | 6600.0 | 134.76 | 38.94 | 9.71 | 15.33 | 0 | 0 | 36.3 | -10.28 | 961.94 | 9.83 | 10.09 | -6.23 | 594.12 | 9.6 | 0 | 0 | 0 | 0 | 92.54 | 0 | 92.54 | 0 | 27.14 | 6.68 | 119.68 | 445.74 | 0.04 | -21.14 |
| 2020 (7) | 271.26 | -4.69 | 19.32 | 408.42 | 272.17 | 12.7 | 0 | 0 | 1152.51 | -31.58 | 1.4 | 0 | 96.99 | 13.69 | 8.42 | 66.16 | 0 | 0 | 40.46 | -5.89 | 875.88 | 15.91 | 10.76 | -9.04 | 542.1 | 0.0 | 0 | 0 | 0 | 0 | -3.51 | 0 | -3.51 | 0 | 25.44 | 112.71 | 21.93 | 0 | 0.05 | -12.75 |
| 2019 (6) | 284.6 | 14.12 | 3.8 | 0 | 241.49 | 16.16 | 0 | 0 | 1684.44 | -1.33 | -12.0 | 0 | 85.31 | -15.1 | 5.06 | -13.95 | 0 | 0 | 42.99 | 0.56 | 755.68 | -15.24 | 11.83 | -2.31 | 542.1 | 0.0 | 4.66 | 32.39 | 0.13 | -89.08 | -17.77 | 0 | -12.98 | 0 | 11.96 | 1962.07 | -5.81 | 0 | 0.06 | 20.46 |
| 2018 (5) | 249.38 | 10.42 | 0 | 0 | 207.89 | -17.79 | 0 | 0 | 1707.12 | 9.35 | 17.9 | -18.93 | 100.48 | 16.66 | 5.89 | 6.69 | 0 | 0 | 42.75 | -6.72 | 891.6 | 1.97 | 12.11 | 18.84 | 542.1 | -0.91 | 3.52 | 70.87 | 1.19 | 0 | 11.45 | -21.47 | 16.16 | -2.88 | 0.58 | 0 | 12.03 | -10.89 | 0.05 | 36.93 |
| 2017 (4) | 225.85 | -6.93 | 1.2 | -11.11 | 252.89 | -30.24 | 0 | 0 | 1561.22 | 10.66 | 22.08 | 286.01 | 86.13 | 3.06 | 5.52 | -6.87 | 0 | 0 | 45.83 | -7.26 | 874.4 | 9.1 | 10.19 | -10.38 | 547.1 | 0.0 | 2.06 | -28.22 | 0 | 0 | 14.58 | 0 | 16.64 | 707.77 | -1.08 | 0 | 13.5 | 0 | 0.04 | 0.21 |
| 2016 (3) | 242.67 | 3.3 | 1.35 | -21.97 | 362.53 | -0.66 | 0 | 0 | 1410.79 | -2.74 | 5.72 | -90.08 | 83.57 | 9.74 | 5.92 | 12.84 | 0 | 0 | 49.42 | -0.24 | 801.45 | 8.61 | 11.37 | 12.57 | 547.09 | 0.0 | 2.87 | 0 | 0.76 | 0 | -1.58 | 0 | 2.06 | -92.83 | 1.12 | 0 | -0.46 | 0 | 0.04 | -4.69 |
| 2015 (2) | 234.91 | 14.77 | 1.73 | -96.03 | 364.94 | 42.77 | 0 | 0 | 1450.56 | -3.67 | 57.64 | 0 | 76.15 | -19.56 | 5.25 | -16.5 | 0 | 0 | 49.54 | 1.45 | 737.89 | -19.37 | 10.1 | 50.52 | 547.09 | 4.22 | 0 | 0 | 0 | 0 | 28.72 | 0 | 28.72 | 0 | -0.66 | 0 | 28.06 | 0 | 0.04 | -17.07 |
| 2014 (1) | 204.68 | 7.68 | 43.62 | 2038.24 | 255.62 | -25.79 | 0 | 0 | 1505.82 | 6.27 | -7.49 | 0 | 94.67 | 21.54 | 6.29 | 14.38 | 0 | 0 | 48.83 | 2.48 | 915.17 | 13.53 | 6.71 | 37.22 | 524.92 | 0.95 | 0 | 0 | 0 | 0 | -38.71 | 0 | -38.71 | 0 | -19.06 | 0 | -57.77 | 0 | 0.05 | 15.58 |
| 現金及約當現金 QoQ YoY | 短期借款 QoQ YoY | 一年內到期長期負債 QoQ YoY | 資金貸予他人 QoQ YoY | 營收 QoQ YoY | 淨利 QoQ YoY | 應收帳款及票據 QoQ YoY | 應收帳款佔營收比(%) QoQ YoY | 存貨 QoQ YoY | 長期投資 QoQ YoY | 長期負債 QoQ YoY | 商譽及無形資產 QoQ YoY | 股本 QoQ YoY | 法定盈餘公積 QoQ YoY | 特別盈餘公積 QoQ YoY | 未分配盈餘 QoQ YoY | 保留盈餘 QoQ YoY | 其它權益 QoQ YoY | 配息能力 QoQ YoY | 非控制權益佔比 QoQ YoY | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 512.14 | 17.7 | 43.67 | 0.35 | -50.0 | -87.72 | 130.53 | -35.37 | -46.19 | 0 | 0 | 0 | 520.15 | 3.47 | 9.09 | 38.28 | 11.09 | 66.65 | 110.86 | 2.42 | 8.01 | 5.59 | 0.18 | -3.8 | 0 | 0 | 0 | 43.51 | 4.27 | 14.11 | 624.34 | 16.31 | 26.72 | 7.43 | 0.68 | -10.8 | 605.18 | 0.0 | 0.01 | 18.68 | 0.0 | 51.75 | 6.9 | 0.0 | 29.21 | 145.5 | 35.7 | 50.47 | 171.09 | 28.82 | 49.62 | -6.53 | 50.0 | 46.3 | 138.97 | 47.59 | 64.38 | 0.05 | 17.07 | 32.35 |
| 24Q2 (19) | 435.13 | 31.78 | 12.13 | 0.7 | -70.21 | 100.0 | 201.96 | -25.0 | -17.76 | 0 | 0 | 0 | 502.69 | 3.34 | 6.52 | 34.46 | 11.2 | 4.61 | 108.24 | 4.16 | 14.62 | 5.58 | 2.5 | -1.53 | 0 | 0 | 0 | 41.73 | 4.61 | 13.55 | 536.8 | 14.38 | -2.44 | 7.38 | -2.12 | -13.58 | 605.17 | 0.0 | 0.46 | 18.68 | 51.75 | 51.75 | 6.9 | 29.21 | 29.21 | 107.22 | -12.44 | 45.44 | 132.81 | -5.21 | 45.34 | -13.06 | -19.6 | -116.23 | 94.16 | -15.57 | 39.13 | 0.04 | 5.39 | 18.46 |
| 24Q1 (18) | 330.19 | 8.64 | -7.12 | 2.35 | 571.43 | -88.99 | 269.29 | 15.12 | 75.42 | 0 | 0 | 0 | 486.45 | 2.95 | 13.94 | 30.99 | 4022.78 | 137.29 | 103.92 | 1.06 | -4.78 | 5.45 | -2.09 | -22.05 | 0 | 0 | 0 | 39.89 | 4.73 | 10.77 | 469.31 | -8.7 | -30.25 | 7.54 | -4.8 | -10.02 | 605.15 | 0.0 | 0.63 | 12.31 | 0.0 | 33.08 | 5.34 | 0.0 | 0 | 122.45 | 33.88 | 59.23 | 140.11 | 28.4 | 62.62 | -10.92 | -58.26 | -239.13 | 111.53 | 31.89 | 51.37 | 0.04 | 6.78 | 15.65 |
| 23Q4 (17) | 303.92 | -14.74 | -13.12 | 0.35 | -87.72 | -95.81 | 233.93 | -3.56 | 50.19 | 0 | 0 | 0 | 472.5 | -0.91 | 21.34 | -0.79 | -103.44 | 89.59 | 102.83 | 0.19 | -7.62 | 5.56 | -4.32 | -24.66 | 0 | 0 | 0 | 38.09 | -0.1 | 8.06 | 514.03 | 4.33 | -29.35 | 7.92 | -4.92 | -10.31 | 605.13 | 0.0 | 0.63 | 12.31 | 0.0 | 33.08 | 5.34 | 0.0 | 0 | 91.46 | -5.42 | 43.26 | 109.12 | -4.57 | 49.27 | -6.9 | 43.26 | -29.21 | 84.56 | 0.02 | 44.55 | 0.04 | 0.46 | 10.1 |
| 23Q3 (16) | 356.48 | -8.14 | -5.25 | 2.85 | 714.29 | -84.01 | 242.57 | -1.23 | 47.02 | 0 | 0 | 0 | 476.82 | 1.04 | 26.48 | 22.97 | -30.27 | 1723.02 | 102.64 | 8.69 | -13.52 | 5.82 | 2.55 | -22.12 | 0 | 0 | 0 | 38.13 | 3.76 | 7.59 | 492.68 | -10.46 | -30.95 | 8.33 | -2.46 | -8.46 | 605.11 | 0.45 | 0.63 | 12.31 | 0.0 | 33.08 | 5.34 | 0.0 | 0 | 96.7 | 31.17 | 39.2 | 114.35 | 25.14 | 45.26 | -12.16 | -101.32 | 12.52 | 84.54 | 24.91 | 52.13 | 0.04 | 4.78 | 7.66 |
| 23Q2 (15) | 388.05 | 9.16 | 1.47 | 0.35 | -98.36 | -97.72 | 245.58 | 59.98 | 82.6 | 0 | 0 | 0 | 471.93 | 10.54 | 28.06 | 32.94 | 152.22 | 684.29 | 94.43 | -13.48 | -20.09 | 5.67 | -18.85 | -25.27 | 0 | 0 | 0 | 36.75 | 2.05 | 3.11 | 550.23 | -18.23 | -27.52 | 8.54 | 1.91 | -7.87 | 602.37 | 0.17 | 0.17 | 12.31 | 33.08 | 33.08 | 5.34 | 0 | 0 | 73.72 | -4.14 | 8.08 | 91.38 | 6.06 | 17.97 | -6.04 | -87.58 | -210.62 | 67.68 | -8.14 | -8.13 | 0.04 | 2.89 | 0.01 |
| 23Q1 (14) | 355.49 | 1.63 | -10.99 | 21.35 | 155.69 | 10.51 | 153.51 | -1.44 | 93.63 | 0 | 0 | 0 | 426.92 | 9.64 | 14.66 | 13.06 | 272.07 | -57.49 | 109.14 | -1.95 | 3.4 | 6.99 | -5.38 | -1.85 | 0 | 0 | 0 | 36.01 | 2.16 | -0.28 | 672.89 | -7.52 | -23.83 | 8.38 | -5.1 | -13.07 | 601.35 | 0.0 | 0.33 | 9.25 | 0.0 | 0 | 0 | 0 | 0 | 76.9 | 20.46 | -37.61 | 86.16 | 17.87 | -30.1 | -3.22 | 39.7 | -117.4 | 73.68 | 25.95 | -48.03 | 0.03 | 1.65 | -5.36 |
| 22Q4 (13) | 349.8 | -7.02 | -22.73 | 8.35 | -53.14 | -56.78 | 155.76 | -5.59 | 31.45 | 0 | 0 | 0 | 389.39 | 3.29 | -17.44 | -7.59 | -702.38 | -109.7 | 111.31 | -6.21 | -17.4 | 7.39 | -1.09 | -23.91 | 0 | 0 | 0 | 35.25 | -0.54 | -2.89 | 727.59 | 1.97 | -24.36 | 8.83 | -2.97 | -12.49 | 601.35 | 0.0 | 1.22 | 9.25 | 0.0 | 0 | 0 | 0 | 0 | 63.84 | -8.1 | -31.01 | 73.1 | -7.14 | -21.01 | -5.34 | 61.58 | -119.68 | 58.5 | 5.27 | -51.12 | 0.03 | -1.76 | -17.31 |
| 22Q3 (12) | 376.23 | -1.62 | 1.98 | 17.82 | 16.32 | -8.71 | 164.99 | 22.68 | 9.2 | 0 | 0 | 0 | 376.98 | 2.3 | 9.35 | 1.26 | -70.0 | -95.68 | 118.68 | 0.43 | -0.44 | 7.47 | -1.61 | -23.93 | 0 | 0 | 0 | 35.44 | -0.56 | -2.96 | 713.52 | -6.01 | -23.43 | 9.1 | -1.83 | -21.28 | 601.35 | 0.0 | 4.76 | 9.25 | 0.0 | 0 | 0 | 0 | 0 | 69.47 | 1.85 | 378.77 | 78.72 | 1.63 | 442.52 | -13.9 | -354.58 | -151.6 | 55.57 | -24.57 | 34.07 | 0.03 | -2.66 | -27.2 |
| 22Q2 (11) | 382.41 | -4.25 | 29.05 | 15.32 | -20.7 | -28.14 | 134.49 | 69.64 | -23.57 | 0 | 0 | 0 | 368.52 | -1.02 | 25.46 | 4.2 | -86.33 | 222.45 | 118.17 | 11.96 | 25.69 | 7.59 | 6.58 | -8.33 | 0 | 0 | 0 | 35.64 | -1.3 | -4.65 | 759.11 | -14.07 | -13.83 | 9.27 | -3.84 | -6.46 | 601.35 | 0.33 | 6.03 | 9.25 | 0 | 0 | 0 | 0 | 0 | 68.21 | -44.66 | 498.19 | 77.46 | -37.16 | 552.19 | 5.46 | -70.5 | -81.19 | 73.67 | -48.04 | 519.08 | 0.04 | -2.64 | -17.88 |
| 22Q1 (10) | 399.37 | -11.78 | 66.22 | 19.32 | 0.0 | 0.0 | 79.28 | -33.09 | -67.08 | 0 | 0 | 0 | 372.33 | -21.06 | 33.8 | 30.72 | -60.74 | 401.47 | 105.55 | -21.68 | 13.51 | 7.12 | -26.64 | -15.38 | 0 | 0 | 0 | 36.11 | -0.52 | -8.93 | 883.41 | -8.16 | 0.73 | 9.64 | -4.46 | -6.41 | 599.35 | 0.88 | 10.56 | 0 | 0 | 0 | 0 | 0 | 0 | 123.26 | 33.2 | 999.71 | 123.26 | 33.2 | 999.71 | 18.51 | -31.8 | -21.3 | 141.77 | 18.46 | 1343.69 | 0.04 | -11.18 | -27.02 |
| 21Q4 (9) | 452.7 | 22.7 | 66.89 | 19.32 | -1.02 | 0.0 | 118.49 | -21.58 | -56.46 | 0 | 0 | 0 | 471.67 | 36.82 | 58.46 | 78.25 | 168.26 | 261.93 | 134.76 | 13.05 | 38.94 | 9.71 | -1.12 | 15.33 | 0 | 0 | 0 | 36.3 | -0.6 | -10.28 | 961.94 | 3.23 | 9.83 | 10.09 | -12.72 | -6.23 | 594.12 | 3.5 | 9.6 | 0 | 0 | 0 | 0 | 0 | 0 | 92.54 | 537.77 | 2736.47 | 92.54 | 537.77 | 2736.47 | 27.14 | 0.74 | 6.68 | 119.68 | 188.73 | 445.74 | 0.04 | -13.51 | -21.14 |
| 21Q3 (8) | 368.94 | 24.5 | 38.5 | 19.52 | -8.44 | 1.04 | 151.09 | -14.13 | -46.1 | 0 | 0 | 0 | 344.74 | 17.37 | 29.54 | 29.17 | 950.44 | 512.01 | 119.2 | 26.78 | 41.57 | 9.82 | 18.57 | 48.78 | 0 | 0 | 0 | 36.52 | -2.3 | -10.58 | 931.8 | 5.77 | 10.56 | 11.56 | 16.65 | 6.25 | 574.05 | 1.22 | 5.89 | 0 | 0 | 0 | 0 | 0 | 0 | 14.51 | 184.71 | 171.69 | 14.51 | 184.71 | 171.69 | 26.94 | -7.2 | 43.53 | 41.45 | 248.32 | 2919.73 | 0.05 | 9.79 | -3.51 |
| 21Q2 (7) | 296.33 | 23.34 | -13.4 | 21.32 | 10.35 | -0.84 | 175.96 | -26.93 | -39.47 | 0 | 0 | 0 | 293.73 | 5.55 | 11.62 | -3.43 | 66.34 | -113.95 | 94.02 | 1.11 | 12.41 | 8.28 | -1.61 | 0 | 0 | 0 | -100.0 | 37.38 | -5.73 | -9.54 | 880.97 | 0.45 | 11.3 | 9.91 | -3.79 | -13.15 | 567.13 | 4.62 | 4.62 | 0 | 0 | 0 | 0 | 0 | 0 | -17.13 | -25.04 | -30.17 | -17.13 | -25.04 | -30.17 | 29.03 | 23.43 | 107.65 | 11.9 | 21.18 | 1351.22 | 0.04 | -13.47 | -14.81 |
| 21Q1 (6) | 240.26 | -11.43 | -39.33 | 19.32 | 0.0 | -76.96 | 240.82 | -11.52 | -16.86 | 0 | 0 | 0 | 278.28 | -6.51 | -14.53 | -10.19 | -147.13 | 72.99 | 92.99 | -4.12 | 31.83 | 8.41 | -0.02 | 0 | 0 | 0 | -100.0 | 39.65 | -2.0 | -6.68 | 877.0 | 0.13 | 14.43 | 10.3 | -4.28 | -10.51 | 542.1 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -13.7 | -290.31 | 75.32 | -13.7 | -290.31 | 72.99 | 23.52 | -7.55 | 172.85 | 9.82 | -55.22 | 120.94 | 0.05 | -4.02 | -21.21 |
| 20Q4 (5) | 271.26 | 1.83 | -4.69 | 19.32 | 0.0 | 408.42 | 272.17 | -2.9 | 12.7 | 0 | 0 | 0 | 297.66 | 11.85 | -29.37 | 21.62 | 405.37 | 353.46 | 96.99 | 15.19 | 13.69 | 8.42 | 27.56 | 0 | 0 | 0 | -100.0 | 40.46 | -0.93 | -5.89 | 875.88 | 3.92 | 15.91 | 10.76 | -1.1 | -9.04 | 542.1 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -3.51 | 82.66 | 80.25 | -3.51 | 82.66 | 72.96 | 25.44 | 35.54 | 112.71 | 21.93 | 1591.84 | 477.45 | 0.05 | 5.82 | -12.75 |
| 20Q3 (4) | 266.39 | -22.15 | 0.0 | 19.32 | -10.14 | 0.0 | 280.31 | -3.57 | 0.0 | 0 | 0 | 0.0 | 266.12 | 1.12 | 0.0 | -7.08 | -128.79 | 0.0 | 84.2 | 0.67 | 0.0 | 6.60 | 0 | 0.0 | 0 | -100.0 | 0.0 | 40.84 | -1.16 | 0.0 | 842.82 | 6.48 | 0.0 | 10.88 | -4.65 | 0.0 | 542.1 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -20.24 | -53.8 | 0.0 | -20.24 | -53.8 | 0.0 | 18.77 | 34.26 | 0.0 | -1.47 | -279.27 | 0.0 | 0.05 | -3.06 | 0.0 |
